Assessment bonds definition

Assessment bonds means bonds that are:

Assessment bonds means special obligations of the District which are payable solely from proceeds of the special assessments or benefit special assessments levied for assessable improvements, provided that, in lieu of issuing assessment bonds to fund the costs of assessable improvements, the District may issue revenue bonds for such purposes payable from special assessments.

Assessment bonds means special obligations of the district which are payable solely from proceeds of the special assessments levied for an assessable project.

Examples of Assessment bonds in a sentence

• Debt Service Requirements Debt service requirements at December 31, 2012, were as follows:Year Ending General Obligation Bonds Special Assessment Bonds 3.

• This capital projects fund is used to account for locally funded projects with multiple year construction periods.2017 Assessment Bonds Fund.

• Outstanding Special Assessment Bonds consist of sewer improvement issues which are payable from the proceeds of tax assessments against individual property owners.

• In the case of a public sale of Assessment Bonds, an appraisal prepared by an MAI appraiser must show that the bulk, wholesale value of each parcel comprising the Assessed Property with all of the Infrastructure described in the Report, and to be financed by the Assessment Bonds and/or for which performance bonds have been obtained, in place as of the date of valuation has a value to lien ratio at least six (6) times as much as the principal amount of the Assessment Bonds assessed to such parcel.

More Definitions of Assessment bonds

Assessment bonds means the original principal amount of any issue of Parity Bonds equal to the total principal amount (or, if refunding bonds, the remaining unpaid principal amount) of ULID Assessments on any final assessment roll or rolls of one or more ULIDs formed in connection with the improvements being financed by such issue of bonds (or bonds being refunded). The original principal amount of such issue of bonds in excess of Assessment Bonds shall be referred to as “bonds (or Bonds) that are not Assessment Bonds.” Assessment Bonds shall be allocated to each $5,000 of bonds in proportion to their percentage of the entire issue of bonds. When a bond of any issue of bonds containing Assessment Bonds is redeemed or purchased, and retired, the same percentage of that bond as the percentage of Assessment Bonds is to the total issue of those bonds shall be treated as Assessment Bonds being redeemed or purchased and retired.

Assessment bonds means bonds or other obligations secured by and payable from special assessments levied against benefited lands, and which may be additionally secured by a pledge of the full faith and credit of the district.

Assessment bonds means the principal portion of any issue of Parity Bonds allocated to the financing of improvements within a ULID. The allocation shall be determined as of the issue date of each series of Parity Bonds (and as of any date on which any Parity Bonds are redeemed, defeased or purchased), and the total amount so allocated shall be equal to the principal amount of ULID Assessments on the final assessment roll for that ULID remaining unpaid as of that date. Assessment Bonds shall be allocated pro rata to each maturity within a series of Parity Bonds. (For example, if the then-outstanding assessments equal 70% of the total

Assessment bonds means the series of special assessment xxxx xxxxx of the District authorized to be sold and issued by the District as described in this Agreement, payable from amounts collected from, among other sources, the Assessments.

Assessment bonds means bonds or other obligations

Assessment bonds mean the portion of the principal amount of the City's Assessment Bonds (Fairground Drive Assessment District No. 65), the repayment of which is payable from parking revenues at the Option Property and which are secured by a lien on the Option Property, which portion of such principal amount equals $4,810,410.46 on the date of this Agreement.

Assessment bonds means bonds or other